Synaptics, the human interface solutions company, has revealed its new technology, Match-in-Sensor™ fingerprint authentication – a fully hardware encapsulated fingerprint sensor and matching solution.
The technology works by isolating fingerprint image enrollment, pattern storage and biometric matching within the fingerprint sensor to protect against on-device threats.
The solution includes a System on Chip (SoC) architecture in which a single device performs both input/output functions with an in-sensor microprocessor executing firmware.
The host system is completely separated from the security sensitive functions, which are performed compeltley inside the System on Chip.
Password authentication has always frustrated the consumers, now more so than ever due to the rise in innovative authentication technology such as biometrics.
“The entire mobile payments ecosystem, driven by rapid adoption of fingerprint authentication technology, is increasingly concerned about reducing security risks and eliminating threats of attack,” said Ritu Favre, senior vice president and general manager, Biometric Products Division (BPD), Synaptics.
Mastercard is working with Stripe to expedite the payment process for American sellers on the latter's marketplaces using the instant payouts feature from Stripe.
Lloyds has launched biometric finger print authentication for mobile banking.
Barclaycard has partnered with Case Station, a company that makes personalised phone cases, to embed contactless technology in the latter's smartphone cases.
Digital challenger bank, N26, which has been live for one and a half years and has more than 200,000 customers, rolled out a new feature that allows its customers to transfer money using Siri. All they have to do is talk to it.